US home sale profits rise to new post-recession high
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3% return on investment, a new high in raw profits since the housing market started its recovery from the Great Recession in 2012
by Lillian Dickerson Jul 22
NAR releases 5-point plan to bolster homeownership amid pandemic
The National Association of Realtors' plan calls for expanding down payment assistance programs, improving FHA loans and alternative credit scoring models
by Marian McPherson Jun 18
Home flipping climbs to 14-year high while returns hit 9-year low
The number of single-family homes and condominiums flipped in the first quarter of 2020 reached 53,705 — up 7.3% year over year to its highest level since the second quarter of 2006, according to Attom Data Solutions' latest home flipping report
by Lillian Dickerson Jun 11
Congress highlights alleged HUD discrimination against DACA recipients
45 Congressional Democrats have asked HUD Inspector General Oliver Davis to investigate allegations that HUD denied DACA recipients' FHA home loans
by Marian McPherson Jun 9
4.1M Americans are now enrolled in mortgage forbearance plans
As of May 10, 8.16% of all mortgages were in forbearance, up from 7.91% on May 3 — the smallest increase since March, according to the Mortgage Bankers Association
by Lillian Dickerson May 19
Refis up 104% year-over-year
Residential refinance mortgages more than doubled in Q4 2019, bringing them to their highest point in nearly 7 years, according to new data from Attom Data Solutions
by Lillian Dickerson Mar 19
Feds tweak regulations to lure banks back to FHA loans
The new regulatory approach is meant to reduce the chance that banks will have to pay huge settlements for mishandling FHA loans
by Jim Dalrymple II Oct 30
FHA, VA hike loan limits in 2019
The FHA's new "floor" will be $314,827 for single-family homes in most of the nation's 3,000-plus counties
by Lew Sichelman Dec 28
US refinance loan originations have dropped to a 4-year low
Rising mortgage rates have caused refinance loan originations to drop to its lowest point since Q2 2014
by Marian McPherson Sep 12
National home prices hit peak while cash buyers decline, report says
Attom Data Solutions reports the US median home value higher than in 2005
by Jennifer Riner Jul 28
Portland's Old Town sign
There's a real estate civil war going on in Oregon
by Daren Blomquist Mar 25
How to spot a real estate investment bubble
Sure signs of trouble ahead
by Chris Haddon Mar 18
The outside of a courthouse
Lender vows to continue fighting DOJ’s countersuit alleging that it improperly underwrote FHA-insured loans
by Amy Tankersley Jan 5
RealtyTrac: Homeowners cashing out equity as price appreciation hits peak
Although home price gains are climbing out of their rut, RealtyTrac says all signs point to a market plateau
by Amy Tankersley Nov 5
Where home-flipping profits flow like wine
And the millennials flock like the salmon of Capistrano
by Daren Blomquist Nov 4